zero-sum game

A branch of *game theory for the systematic analysis, in competitive conditions, of strategies for the optimal selection of alternative courses of action. The participants in a zero-sum game have conflicting interests: One participant’s gain is another participant’s loss, and there is no basis or rationale for cooperation.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • zero-sum game — n [singular] a situation in which you receive as much money or advantages as you give away ▪ Diplomatic negotiations often aim at a zero sum game …   Dictionary of contemporary English

  • zero-sum game — zero sum ,game noun singular a situation in which one person can win only what another person loses …   Usage of the words and phrases in modern English

  • Zero–sum game — For other uses, see Zero sum (disambiguation). In game theory and economic theory, a zero sum game is a mathematical representation of a situation in which a participant s gain (or loss) of utility is exactly balanced by the losses (or gains) of… …   Wikipedia

  • zero-sum game — noun a game in which the total of all the gains and losses is zero • Topics: ↑game theory, ↑theory of games • Hypernyms: ↑game * * * ˈ ̷ ̷(ˌ) ̷ ̷ˌ ̷ ̷ noun : a game in which the cumulative winnings equal the cumulative losses * * * Math. a game… …   Useful english dictionary

  • zero-sum game — A type of game wherein one player can gain only at the expense of another player. Bloomberg Financial Dictionary A type of game when one player gains only at the expense of another player. Chicago Mercantile Exchange Glossary * * * zero sum game… …   Financial and business terms

  • Zero-sum game — A type of game wherein one player can gain only at the expense of another player. The New York Times Financial Glossary * * * zero sum game ˌzero ˈsum game noun [countable] a situation in which a balance is achieved between something such as… …   Financial and business terms

  • Zero-Sum Game — A situation in which one participant s gains result only from another participant s equivalent losses. The net change in total wealth among participants is zero; the wealth is just shifted from one to another. Options and future contracts are… …   Investment dictionary

  • zero-sum game — N SING If you refer to a situation as a zero sum game, you mean that if one person gains an advantage from it, someone else involved must suffer an equivalent disadvantage. They believe they re playing a zero sum game, where both must compete for …   English dictionary

  • zero-sum game —  A management game theory in which advantages to one party are exactly equal to the disadvantages suffered by another.  The term was popularized by Lester Thurow’s 1985 book, Zero sum Solution.  ► “The challenge is to turn reengineering from a… …   American business jargon

  • zero-sum game — noun (singular) AmE a situation in which you receive as much money or advantages as you give away: Diplomatic negotiations often aim at a zero sum game …   Longman dictionary of contemporary English

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